Inflation Belgium 1978
Average inflation: 4.5%
Current Inflation
Inflation is high at 4.5%, well above the ECB target.
Peak and Trough
The highest inflation was in January at 5.8%. The lowest inflation was in June at 3.7%.
- Highest month
- January: 5.8%
- Lowest month
- June: 3.7%
- Difference
- 2.1 percentage points
- Months with data
- 12 of 12
Historical Context
Current inflation is 4.7% lower than the 5-year average of 9.2%.
- 5-year average
- 9.2%
- 10-year average
- 7%
- All-time high (1975)
- 12.8%
- All-time low (1960)
- 0.3%
Trend
Inflation shows a downward trend. Compared to 1977, inflation has fallen by +2.6 percentage point.
- Change vs. previous year
- -2.6 percentage points
- Largest monthly swing
- June: -4.1 percentage points
ECB Target
Inflation is 2.5% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.
What you could buy for €100 this year will cost approximately €104.50 next year at this inflation rate.
Multi-year trend
Monthly figures 1978
Month overview
| Month | Inflation | Difference vs. 1977 |
|---|---|---|
| January | 5.8% | -1.8 |
| February | 5.4% | -2.7 |
| March | 5.8% | -1.6 |
| April | 5.3% | -1.7 |
| May | 4.4% | -2.9 |
| June | 3.7% | -4.1 |
| July | 4.0% | -3.2 |
| August | 4.1% | -3.0 |
| September | 3.8% | -2.7 |
| October | 3.9% | -2.6 |
| November | 3.8% | -2.7 |
| December | 3.9% | -2.4 |
| Average | 4.5% |
Data source
Data from OECD. Last updated: 20/12/2025.